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  • Lazada hastens expansion of Alibaba's Taobao in Southeast Asia

    HONG KONG -- E-commerce in Southeast Asia is becoming a heated battleground, with Amazon.com the latest to join the competition. China's Alibaba Group Holding has invested $2 billion for a controlling stake in e-tailer Lazada, which operates in Indo

    August 4, 2017 01:55 pm JST
  • ASEAN AT 50: Thitinan Pongsudhirak

    To survive another 50 years, ASEAN must learn from its past

    As it celebrates its golden jubilee, the Association of Southeast Asian Nations has come full circle. The daunting challenges it faced half a century ago are as durable as Southeast Asia's regional organization has been resilient.Notwithstanding occ

    August 4, 2017 10:00 am JST
  • ASEAN shows little sign of closing ranks on North Korea

    KUALA LUMPUR -- Troubled as they are by North Korea's missile development, members of the Association of Southeast Asian Nations have hesitated to take joint action to dial up the pressure further.ASEAN foreign ministers are expected to express "gra

    August 4, 2017 02:35 am JST
  • NAR Forum

    Business education needs 'real world' focus

    KUALA LUMPUR -- Business education must be premised on understanding how the real world works, through the application of theoretical frameworks and analytics, Zeti Aziz told a forum on Thursday.The former Malaysian central bank governor asked if bu

    August 4, 2017 12:26 am JST
  • NAR Forum

    Diversity is a key driver for businesses to succeed: panelists

    KUALA LUMPUR -- Diversity in a workforce can help drive companies to perform better and gain deeper insights into local markets, according to panelists at a discussion organized by the Nikkei Asian Review on Thursday in Kuala Lumpur.Ensuring diversi

    August 4, 2017 12:19 am JST
  • Nikkei Asia300 index falls as South Korean stocks drop on tax proposals

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan declined Thursday, led by South Korean shares following a proposed increase in taxes on large corporations.The Nikkei Asia 300 index lost 0.6% at 1,292.47.Nikkei's index for South Korea fel

    August 3, 2017 09:01 pm JST
  • AMRO trying to prove itself as Asia's answer to the IMF

    BANGKOK -- AMRO, an agency established by the Association of Southeast Asian Nations, Japan, China and South Korea to monitor economies in Asia, is working to prove itself as an international research institution.The agency, whose name is short for

    August 3, 2017 06:00 pm JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK -- Shoppers in Southeast Asia have long been wondering when Amazon.com will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a

    August 3, 2017 10:00 am JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK Shoppers in Southeast Asia have long been wondering when Amazon.com will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a gi

    August 3, 2017 10:00 am JST
  • Lazada hastens expansion of Alibaba's Taobao in Southeast Asia

    HONG KONG E-commerce in Southeast Asia is becoming a heated battleground, with Amazon.com the latest to join the competition. China's Alibaba Group Holding has invested $2 billion for a controlling stake in e-tailer Lazada, which operates in six mar

    August 3, 2017 10:00 am JST
  • ASEAN AT 50: Munir Majid

    ASEAN integration lags the real world

    Any objective verdict on the achievements of the Association of Southeast Asian Nations in the last 50 years can only be mixed. Governments and public officials will say the glass is half full in assessing the organization, while non-governmental or

    August 3, 2017 10:00 am JST
  • Japan, US seek partners at ASEAN forum to lean on North Korea

    MANILA -- With North Korea slated to take part in the ASEAN Regional Forum next week, Japan and the U.S. will look to coordinate with other participants to put pressure on the rogue state to halt its missile provocations.The Philippines, this year's

    August 3, 2017 07:12 am JST
  • PTT Exploration snaps up stake in Malaysia LNG project

    BANGKOK -- Thailand's PTT Exploration & Production will invest $500 million in a Malaysian liquefied natural gas production base, seeking new sources of the fuel as Thai reserves become depleted.In the company's first foray into LNG production, a PT

    August 3, 2017 06:53 am JST
  • China group secures $364m train order in Malaysia

    KUALA LUMPUR -- Prasarana Malaysia, the national rail operator, has awarded a project valued at 1.56 billion ringgit ($364 million) to a China-led consortium.CRRC Zhuzhou Locomotive (CRRC ZELC), Siemens Limited China, and Tegap Dinamik, a little kno

    August 3, 2017 12:00 am JST
  • Asia's 'tiger cubs' will feast on FDI in next decade: Nomura

    SINGAPORE -- India and five key Southeast Asian countries can expect a surge in foreign direct investment in the years to come, according to a new report from Nomura. India and the so-called ASEAN 5 -- Indonesia, Malaysia, Thailand, the Philippines

    August 2, 2017 12:56 am JST
  • Founder of Public Bank to retire after half century

    KUALA LUMPUR -- Public Bank has announced that Teh Hong Piow, its founder and chairman, will step aside at the start of 2019 for an orderly succession at Malaysia's third-largest lender by assets.Teh, 87, will also retire on Jan. 1, 2018, as chairma

    August 1, 2017 09:35 pm JST
  • Sime Darby to sell 40% stake in Seriemas Development for $146.11 million

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's Sime Darby, the world's largest palm oil producer by acreage, said Tuesday it is selling the entire 40% stake in Seriemas Development for 625 million ringgit ($146.11 million) to its largest shareholder.Th

    August 1, 2017 08:50 pm JST
  • Singapore, Malaysia stocks advance as banks rebound

    SINGAPORE (Nikkei Markets) -- Singapore shares rose Tuesday, as a recovery in banking stocks outweighed a fall in heavyweight Singapore Telecommunications. Malaysia equities also advanced, helped by a rebound in lenders.Singapore's FTSE Straits Time

    August 1, 2017 08:38 pm JST
  • 1MDB late on $1.2bn payment to Abu Dhabi guarantor

    KUALA LUMPUR -- State investment fund 1Malaysia Development Bhd on Tuesday said it missed its payment deadline of the day before to its Abu Dhabi guarantor. It cited delays in receiving cash from asset sales.1MDB in late April reached a settlement w

    August 1, 2017 08:31 pm JST
  • Chinese financials carry baton as Hong Kong stocks near 26-month highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed toward 26-month highs on Tuesday, with Chinese insurers and banks driving gains as earnings expectations gather wind.The Hang Seng Index added 0.7% to 27,524.07 by midday, on course for its highe

    August 1, 2017 02:26 pm JST